Shanghai Huide Science & Technology Co (SHSE:603192) Days Payable: 87.74 (As of Mar. 2026) — 23% Below Median

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SHSE:603192 Shanghai Huide Science & Technology Co Ltd SHSE:603192
69 GF Score
Price ¥20.57
GF Value ¥15.35
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shanghai Huide Science & Technology Co Days Payable?

Shanghai Huide Science & Technology Co SHSE:603192 +1.18% 69 Days Payable is 87.74 as of Mar. 2026, which is 23% below its 10-year median of 114.51. GuruFocus rates SHSE:603192 with a GF Score™ of 69/100 and a GF Value™ of ¥15.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,554 Chemicals companies, Shanghai Huide Science & Technology Co ranks better than 69.88% on this metric.

Shanghai Huide Science & Technology Co's average Accounts Payable for the three months ended in Mar. 2026 was ¥523 Mil. Shanghai Huide Science & Technology Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥544 Mil. Hence, Shanghai Huide Science & Technology Co's Days Payable for the three months ended in Mar. 2026 was 87.74.

The historical rank and industry rank for Shanghai Huide Science & Technology Co's Days Payable or its related term are showing as below:

SHSE:603192' s Days Payable Range Over the Past 10 Years
Min: 86.2   Med: 114.51   Max: 151.39
Current: 86.2

During the past 12 years, Shanghai Huide Science & Technology Co's highest Days Payable was 151.39. The lowest was 86.20. And the median was 114.51.

SHSE:603192's Days Payable is ranked better than
69.88% of 1554 companies
in the Chemicals industry
Industry Median: 59.565 vs SHSE:603192: 86.20

Shanghai Huide Science & Technology Co's Days Payable declined from Mar. 2025 (90.34) to Mar. 2026 (87.74). It may suggest that Shanghai Huide Science & Technology Co accelerated paying its suppliers.


Shanghai Huide Science & Technology Co Days Payable Related Terms


Shanghai Huide Science & Technology Co Days Payable Historical Data

* Premium members only.

The historical data trend for Shanghai Huide Science & Technology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shanghai Huide Science & Technology Co Days Payable Chart

Shanghai Huide Science & Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.01 114.17 105.49 101.58 88.72

Shanghai Huide Science & Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.34 89.05 74.42 89.16 87.74

SHSE:603192 vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Shanghai Huide Science & Technology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shanghai Huide Science & Technology Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shanghai Huide Science & Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Shanghai Huide Science & Technology Co's Days Payable falls into.


SHSE:603192
69GF Score
Shanghai Huide Science & Technology Co Ltd SHSE:603192
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanghai Huide Science & Technology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Shanghai Huide Science & Technology Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (533.323 + 494.808) / 2 ) / 2114.809*365
=514.0655 / 2114.809*365
=88.72

Shanghai Huide Science & Technology Co's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (494.808 + 550.96) / 2 ) / 543.79*365 / 4
=522.884 / 543.79*365 / 4
=87.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 87.74 mean?
Shanghai Huide Science & Technology Co (SHSE:603192) has a Days Payable of 87.74 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shanghai Huide Science & Technology Co and its competitors. This is 23% below median its historical median of 114.51. Over the past decade, Shanghai Huide Science & Technology Co's Days Payable has ranged from 86.20 to 151.39. According to the industry distribution chart, Shanghai Huide Science & Technology Co ranks #468 out of 1554 companies in the Chemicals industry, placing it in the top 30.1%.
Is Shanghai Huide Science & Technology Co's Days Payable too high?
Shanghai Huide Science & Technology Co's current Days Payable of 87.74 is 23% below median its 10-year median of 114.51. Over the past 10 years, this metric has ranged from a low of 86.20 to a high of 151.39. The Chemicals industry median Days Payable is 59.57. Shanghai Huide Science & Technology Co's value of 87.74 is 47.3% above this industry median. Based on the distribution chart, Shanghai Huide Science & Technology Co ranks #468 out of 1554 companies in the Chemicals industry, which is above the industry midpoint. Overall, Shanghai Huide Science & Technology Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Huide Science & Technology Co's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shanghai Huide Science & Technology Co ranks #468 out of 1554 companies for Days Payable. This puts Shanghai Huide Science & Technology Co in the upper half of its industry. The industry median Days Payable is 59.57. Shanghai Huide Science & Technology Co's value of 87.74 is 47.3% above this benchmark. Historically, Shanghai Huide Science & Technology Co's own Days Payable has ranged from 86.20 to 151.39 over the past decade. While the company's 10-year median is 114.51 vs. the industry median of 59.57, Shanghai Huide Science & Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Chemicals company?
The median Days Payable among Chemicals companies is 59.57, based on 1,554 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shanghai Huide Science & Technology Co's current Days Payable of 87.74 is 47.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shanghai Huide Science & Technology Co and its competitors. For the Chemicals industry, the median Days Payable is 59.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanghai Huide Science & Technology Co's current Days Payable is 87.74, which is 23% below median its own 10-year median of 114.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Huide Science & Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Huide Science & Technology Co (SHSE:603192) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥15.35, compared to a current price of ¥20.57 — trading 34% above its estimated fair value. The current Days Payable is 87.74, which is 23% below median its 10-year median of 114.51 and 47.3% above the Chemicals industry median of 59.57. Shanghai Huide Science & Technology Co's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Shanghai Huide Science & Technology Co (SHSE:603192), the current Days Payable is 87.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shanghai Huide Science & Technology Co (SHSE:603192) Overvalued in 2026?

Based on GuruFocus' analysis, Shanghai Huide Science & Technology Co stock appears to be overvalued. The current stock price of ¥20.57 is trading 34% above its estimated GF Value™ of ¥15.35. GuruFocus considers Shanghai Huide Science & Technology Co to be Significantly Overvalued.

Key valuation signals for SHSE:603192:

  • Days Payable: 87.74 (23% below median its 10-year median of 114.51)
  • GF Value™: ¥15.35 vs. price of ¥20.57 (34% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 47.3% above the Chemicals median (#468 of 1554)

No single metric tells the full story. See the SHSE:603192 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shanghai Huide Science & Technology Co Business Description

Address 180 Chunhua Road, Jinshanwei Town, Jinshan District, Shanghai, CHN, 201512
Shanghai Huide Science & Technology Co Ltd is a chemical company. The company is engaged in the research and development, production, sales and technical services of polyurethane resin products. Its product offerings include a series of HDW products including Wet, Synthetic, Synthetic Leather, and Polyol.
69GF Score

Get the complete analysis for SHSE:603192

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥20.57
Price
¥15.35
GF Value